Citigroup expects $150 million gain on sale of Hilton cards to American Express

NEW YORK (Reuters) - Citigroup Inc said on Tuesday it expects to record a $150 million pretax gain on the sale to American Express Co of a $1.2 billion credit card portfolio from its co-brand deal with Hilton hotels.

NEW YORK (Reuters) - Citigroup Inc said on Tuesday it expects to record a $150 million pretax gain on the sale to American Express Co of a $1.2 billion credit card portfolio from its co-brand deal with Hilton hotels.